REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,859 (target)

13991 Binghampton Dr, Fort Myers, FL 33905

3 beds • 3 baths • 2650 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.36% first-year return on $162k initial cash invested.

-10.36%

Cash On Cash

4.16%

Cap Rate

0.7

DSCR

$4,859

Rent

-$1,397

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$771k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$154k

Closing costs

1%

$7,709

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,859

Total Expenses

$6,256

Mortgage P&I

79%

$3,828

Property Taxes

14%

$691

Home Insurance

6%

$280

HOA

4%

$193

Property Management

10%

$486

CapEx

5%

$243

Vacancy

6%

$292

Maintenance

5%

$243

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis